Chinas Maritime Safety Administration on Wednesday signed a deal with the countrys state-owned shipbuilder to cooperate in sectors of smart ships and maritime environmental protection. The administration will work with the China State Shipb

Chinas crude oil demand will surge next year, as the nations economic activity recovers strongly following the COVID-19 outbreak, according to the Organization of the Petroleum Exporting Countries. Despite a contraction of 6.8 percent year-

Tight supply in the Black Sea feed wheat market has fuelled rumours that traders are struggling to cover cargo volumes and are looking to buy their way out of their contractual export obligations amid a lack of physical offers, market sourc

The COVID-19 pandemic affects the industrys endeavours to implement the upcoming European Unions Ship Recycling Regulations (EUSRR) and many shipowners may not be able to finalize the required Inventory of hazardous materials (IHM) prior to

Several South Korean ports will have designated national sulphur emission control areas from midnight 1 September 2020. The Republic of Korea (South Korea) is the latest country to announce the designation of national sulphur emission contr

China issued the notice on further improving the work of the 400,000 ton iron ore terminals. The notice points out that Landbridge port ore berth can accommodate 400,000 tons of iron ore vessels without the need for separate approval proced

CSSC Chengxi will build two LNG - powered MR product tankers for Frances Louis Dreyfus, with a total value of about $86 million. CSSC Leasing placed an order to build two 50,000DWT dual-fuel MR product tankers in CSSC Chengxi, each with a c

1.The Methanol Institute (MI) will consider the technical and operational requirements for the use of methanol as a marine fuel. 2.Chinas Cosco Shipping Heavy Industry has completed repair works on a 30,000-cbm carrier, marking the second-e

The Methanol Institute (MI) has joined a study led by the China Waterborne Transportation Research Institute (CWTRI), the think tank of the Chinese Ministry of Transport, which will consider the technical and operational requirements for th

Chinas Cosco Shipping Heavy Industry has completed repair works on a 30,000-cbm carrier, marking the second-ever LNG repair job for the yard. The vessel in question is the Cnooc-owned small-scale LNG carrier Hai Yang Shi You 301. Coscos Gua

A multifunctional intelligent ecological marine ranch platform has begun operating in Yantai, a coastal city in East Chinas Shandong province, and welcomed its first batch of visitors on July 10. It is the first of its kind in China. The in

Chinas crude oil imports surged 34.4% year on year to all-time high of 12.99 million b/d or 53.18 million mt in June as Chinese buyers who rushed into the market to secure cheap crudes in late March received their deliveries in the month, p

Chinas iron ore imports jumped 17% in June from a month earlier to hit the highest level in 33 months, customs data showed on Tuesday, fuelled by rising shipments from miners and robust demand in China. The worlds biggest steel producer bro

Paraguays soybean exports to Brazil have increased 370% year-on-year in the first half of 2020, reflecting low water levels complicating the countrys typical export route and amid strong Brazilian domestic demand, the latest data released M

World trade has suffered a severe blow. Shipyards are sitting idle, and SMM, the leading international maritime trade fair, had to be rescheduled: The economic consequences of the coronavirus pandemic have sent shock waves through the shipp